What is the price of butter per kilogram/pound in United Kingdom (UK) today?
The retail price range for United Kingdom (UK) butter is between US$ 12.43 and US$ 17.21 per kilogram or between US$ 5.64 and US$ 7.81 per pound(lb). Click here to see today's exact prices of butter in United Kingdom (UK)
The retail price range in British pound sterling for butter is between GBP 9.99 and GBP 13.83 per kilogram or between GBP 4.53 and GBP 6.27 per pound(lb) in London and Birmingham.
Wholesale prices
In 2024, the approximate wholesale price range for United Kingdom (UK) butter is between US$ 8.70 and US$ 12.05 per kilogram or between US$ 3.95 and US$ 5.46 per pound(lb).
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United Kingdom (UK) Butter Export Prices - Historical, Trends and Prediction
The export price per kilogram of Butter from the United Kingdom over the last five years has been quite varied. In 2017, the price was 5.26 US dollars per kg, followed by a sharp increase to 288.46 US dollars per kg in 2019. This was followed by a decrease to 3.93 US dollars per kg in 2020 and 4.85 US dollars per kg in 2021. The most recent data shows that the price of Butter was 6.8 US dollars per kg in 2022. Based on this trend, it is predicted that the export price per kilogram of Butter from the United Kingdom in 2023 will be around 7.50 US dollars per kg and in 2024 it will be around 8.20 US dollars per kg.United Kingdom (UK) Butter Import Prices - Historical, Trends and Prediction
Export values for United Kingdom (UK) butter
The total values in export for butter in United Kingdom (UK) were US$ 212,202, US$ 287,943, US$ 366,990 and US$ 327,687 in US dollar thousand for the years 2016, 2017, 2018 and 2019 in that order.
Prices of other produce in the Processed category in United Kingdom (UK): Milk & Cream, Yogurt, Kefir & Buttermilk, Whey, Cheese, Natural Honey, Coffee, Green Tea, Black Tea & Yerba mate.
See prices of butter in other countries across Europe: Georgia butter, Albania butter, Belarus butter, Bosnia and Herzegovina butter, Bulgaria butter, Croatia butter, Czech Republic butter, Estonia butter, Greece butter & Hungary butter.
United Kingdom (UK) butter - Production, Exports, Imports, Seasons and HS Codes
The amount of butter shipped by United Kingdom (UK) in 2020 was 61,386 tons. In 2019 United Kingdom (UK) shipped 1,136 tonnes of butter. Across 2019 alone, the market for United Kingdom (UK) butter (processed category) has reduced, with a change of -98.181 percent compared to the year 2018. Between 2017 and 2019, butter's exports went down by -97.92 pc earning the exporter US$327.69m for the year 2019. United Kingdom (UK)'s butter exports are classified as:
- Butter (excluding dehydrated butter and ghee) (HS code 040510)
- Fats and oils derived from milk, and dehydrated butter and ghee (excluding natural butter, recombined butter and whey butter) (HS code 040590)
- Dairy spreads of a fat content, by weight, of >= 39% but < 80% (HS code 040520)
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United Kingdom (UK) butter export values
In 2019, United Kingdom (UK) supplied butter worth 327.69m USD, a reduction of -10.71% from 2018's total butter export of 366.99m USD. The annual reduction in value of United Kingdom (UK) butter between 2017 to 2018 was 27.452%.
The per year change in the quantity of United Kingdom (UK)'s butter exports between 2017 and 2019 was -97.92% compared to a variation of -98.181% in the period between 2018 and 2019.
United Kingdom (UK)'s share of the world's total butter's exports in 2019 was less than 1%. United Kingdom (UK) holds position 31 in world exports of butter.
Export markets for United Kingdom (UK) butter ( in '000$ )
Import/Export Trends
United Kingdom (UK) is a net exporter of butter. The annual growth of United Kingdom (UK) butter in value between 2015 to 2019 was -36%, per annum, while annual growth in quantity was -10%, per annum.
United Kingdom (UK) imported 78,759 tonnes of butter in 2019.